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The Saddle Ridge Hoard


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For a lucky California couple, their $10 million pot of backyard gold came with a shadow, not a rainbow.

While walking the dog last February, the couple stumbled across a treasure of 1,427 gold coins from the mid-19th century buried in eight cans in the shade of a tree on their property in the state's famous Gold Country, according to Kagin's, the numismatic firm representing the anonymous finders.

Dubbed the Saddle Ridge Hoard, it is believed to be "one of the greatest buried treasures ever unearthed in the United States," the trade journal Coin Update writes.

The $5-, $10- and $20-denomination coins — uncirculated and in mint condition — date from 1847 to 1894. The majority are $20-denomination Liberty Double Eagles struck at the San Francisco Mint between 1855 and 1894, though one $5 piece came from Georgia. Experts said some might sell at auction for about $1 million.

 

http://www.usatoday.com/story/news/nation/2014/02/25/california-gold-coins-buried-treasure/5817179/

 

 

See also http://en.wikipedia.org/wiki/Saddle_Ridge_Hoard

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Mentioned on a metal detecting forum: "Don't be surprised if the governmet decides this gold may be theirs and sends the secret service on a visit, the treasure is consfiscated for safekeeping, and the issue is held up in courts for years. Its happened before!"

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Mentioned on a metal detecting forum: "Don't be surprised if the governmet decides this gold may be theirs and sends the secret service on a visit, the treasure is consfiscated for safekeeping, and the issue is held up in courts for years. Its happened before!"

 

Yup.

 

Remember Mel Fisher...? :mellow:

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